Asia Markets Advance While Europe Dips, Gold Closes In On $2,400 Again - Global Markets Today While US Slept

On Wednesday, May 16th, U.S. stock markets closed significantly higher, with major indexes reaching record highs. The S&P 500 and Nasdaq each climbed over 1% following lower-than-expected consumer inf

BenzingaMay 16 06:12 ET

US Inflation Falls As Expected In April, Bolsters Fed Rate Cut Bets

U.S. inflation data for April came in broadly in line with analyst estimates Wednesday, breaking a concerning three-month streak of higher-than-expected readings and reigniting hopes for a return to t

BenzingaMay 15 08:38 ET

Asia And Europe Markets Mixed, Copper Hits Two-Year High, Gold Edges Higher At $2,375 - Global Markets Today While US Slept

On Tuesday, May 15th, U.S. stock markets closed higher, with the Nasdaq reaching a record closing high. Both the S&P 500 and Dow Jones also saw gains, buoyed by reassurances from Federal Reserve Chair

BenzingaMay 15 06:46 ET

Fed Chair Powell Signals Patience In Rate Policy, Labels Producer Inflation Data As 'Mixed'

During a discussion with Dutch Central Bank President Klaas Knot in Amsterdam, Fed Chair Jerome Powell reinforced his stance that U.S. monetary policy will likely maintain its current rate for a more

BenzingaMay 14 12:03 ET

Producer Inflation Hits Highest Level In A Year, Heightens Pressure On Consumer Prices

Inflation affecting American producers showed a broader uptick in April, with the headline month-over-month figure far exceeding estimates Tuesday, one day before the critical consumer inflation repor

BenzingaMay 14 08:43 ET

Asia And Europe Markets Mixed, Gold Hovers Around $2,350 - Global Markets Today While US Slept

On Monday, May 14th, U.S. stock markets closed mixed. After three consecutive weeks of gains, the S&P 500 experienced a slight decline, with investors poised for upcoming inflation data and earnings r

BenzingaMay 14 07:17 ET